-
Nigeria’s headline inflation fell to 16.05% in October 2025, says NBS
-
Monthly inflation rose 0.93%, but annual rate continues seventh straight month decline
-
Food inflation declined by 0.37%, easing pressure on households
The National Bureau of Statistics (NBS) reported that Nigeria’s headline inflation decreased to 16.05 per cent in October 2025, continuing a seven-month downward trend.
The figure dropped from 18.02 per cent in September, the NBS said in its Consumer Price Index and Inflation report shared on its verified X handle on Monday.
READ ALSO: FG unveils new economic blueprint to double GDP, cut inflation by 2027
ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!
On a month-on-month basis, however, headline inflation increased by 0.93 per cent, signalling modest upward price movement during October. Food prices showed slight relief, with food inflation declining by 0.37 per cent month-on-month, indicating minor easing of cost pressures on households.
The data confirms that Nigeria’s inflation continues its gradual moderation, reflecting ongoing trends in consumer prices across the country.
